Truist Reports Fourth Quarter 2019 Results
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UPDATE: Truist Financial Corp. (TFC) Tops Q4 EPS by 10c
January 30, 2020 5:50 AM EST(Updated - January 30, 2020 5:51 AM EST)
Truist Financial Corp. (NYSE: TFC) reported Q4 EPS of $1.12, $0.10 better than the analyst estimate of $1.02. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.6 billion.
Fourth Quarter 2019 Performance Highlights
Earnings per diluted common share were $0.75Adjusted diluted earnings per share were $1.12ROA was 0.95 percent; adjusted ROA was 1.40 percentROCE was 7.33 percent; adjusted ROCE was 10.84 percentROTCE was 12.91 percent; adjusted ROTCE was 18.60 percentCompleted merger of equals on December 6, 2019Merged loans of $154.0 billion, net of $4.5 billion markMerged deposits of... More